329 Michael
About This Property
The kitchen and living areas flow naturally together, making the space functional for both everyday living and gatherings. The home also features paid-off solar, offering long-term energy savings and added efficiency.
Outside, the property provides a manageable outdoor setting with room to relax and enjoy the surrounding neighborhood atmosphere. Conveniently located near local shopping, schools, parks, and commuter access, this home combines comfort, practicality, and value in a well-established area of Red Bluff.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2026 | Listed by Home Saver Realty | $350,000 | |
| Listed by Home Saver Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017